Nationwide My Savings Review

Nationwide My Savings is offered by Nationwide, a financial services company founded in 1926 and based in Columbus, OH. Nationwide My Savings is available in 49 states (and Washington, DC).

Are savings accounts from Nationwide federally insured?

No, your Nationwide savings accounts are not insured by a federal insurance agency. This means that if Nationwide were to fall into financial difficulties, your deposits are not covered by a government backed insurance fund like the FDIC or NCUSIF.

Does Nationwide offer a signup bonus?

Nationwide My Savings doesn't offer a signup bonus.

What is the minimum balance for Nationwide My Savings?

What APY does Nationwide offer?

Nationwide My Savings offers an APY of 1.05% (APY stands for annual percentage yield, rates may change). This is higher than the typical APY for online-only checking accounts, which is around 1% APY.

What features and perks does Nationwide My Savings offer?

This account includes the following features:

• ATM reimbursement - This account will reimburse you for the ATM fees charged by other networks. Typically there is a limit to how much you can claim for these costs, so check the fine print if you plan to make multiple withdrawals within one month.
• Fraud monitoring - Nationwide My Savings monitors transactions for potentially fraudulent activity, such as when a debit card is unexpectedly used in a different location or you make a sudden string of costly purchases.
• Free Bill Pay - Bill Pay allows you to receive ebills directly to your account and pay them easily from your account.

Nationwide My Savings Features

Description
Bank Account Features	ATM Reimbursement Debit Card Fraud Monitoring Fraud Protection Free Bill Pay Mobile Banking Mobile Check Deposit

What fees does Nationwide My Savings charge?

Nationwide My Savings does not charge a monthly maintenance fee. See the fee breakdown section below to view all fees.

• Outgoing domestic bank transfers come with a $35 fee.
• Outoing international bank transfers come with a $45 fee. You can save a ton of money in fees if you use use a nonbank money transfer service.
• Nationwide My Savings charges $5 every time you request a paper statement.